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Goolsbee Says Fed Must Address Inflation Failure
Key Points
Goolsbee Says Fed Must Address Inflation Failure Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers have “got to come to terms with this cost side and inflation side failure in the mandate.” He sees the need to tackle a potential overheating in the economy from the artificial intelligence buildout and a broadening of inflation pressures. Goolsbee spoke Monday in Chicago.
Nov 9th, 2026
Goolsbee Says Fed Must Address Inflation Failure
Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers have “got to come to terms with this cost side and inflation side failure in the mandate.” He sees the need to tackle a potential overheating in the economy from the artificial intelligence buildout and a broadening of inflation pressures. Goolsbee spoke Monday in Chicago.